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Home Ā» More vendors to be included under govt’s loan scheme

More vendors to be included under govt’s loan scheme

NT BureauBy NT BureauAugust 8, 2020No Comments
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Durga Shanker Mishra

Chennai: Ministry of Housing and Urban Affairs Secretary Durga Shanker Mishra has launched Letter of Recommendation (LoR) module for PM SVANidhi Scheme.

The module is designed to give access to street vendors who do not have Identity Card (ID) and Certificate of Vending (CoV) and are not in the surveyed list for availing benefits under the scheme, said an official release.

The module provides for an end to end digitally enabled process wherein an eligible vendor can request for a Letter of Recommendation from the Urban Local Body and on receipt of the same he/ she can apply for the loan under PM SVANidhi.

For applying for the LoR from ULB through the online module on PM SVANidhiĀ portal, a vendor needs to possess any one of the documents- Proof of availingĀ one -time assistance, provided by certain States /UTs, during the period of lockdown; or membership details with the vendors’ associations; or any other documents to prove that s/he is a vendor.

Further, a vendor can also request ULB through a simple application on white paper to conduct local enquiry to ascertain the genuineness of the claim as vendor. ULBs will have to dispose of the request for issue of LoR within a period of 15 days.

The vendors possessing LoR will be issued Certificate of Vending / ID Card within a period of 30 days. This provision will help in extending reach of the scheme to the maximum number of beneficiaries, it added.

 

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